Joan Hooper Sells 4,406 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 4,406 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $98.86, for a total transaction of $435,577.16. Following the transaction, the chief financial officer owned 117,113 shares of the company’s stock, valued at approximately $11,577,791.18. This trade represents a 3.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Up 0.0%

ITRI stock opened at $98.73 on Wednesday. The firm has a market cap of $4.32 billion, a PE ratio of 16.48, a P/E/G ratio of 1.18 and a beta of 1.30. Itron, Inc. has a 12 month low of $77.77 and a 12 month high of $142.00. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29. The firm has a 50 day simple moving average of $91.23 and a 200 day simple moving average of $90.07.

Itron (NASDAQ:ITRI) last announced its quarterly earnings data on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.30. Itron had a return on equity of 19.26% and a net margin of 11.90%.The company had revenue of $562.90 million during the quarter, compared to the consensus estimate of $566.34 million. During the same quarter in the prior year, the firm earned $1.62 EPS. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts forecast that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ITRI has been the subject of several research analyst reports. Robert W. Baird set a $125.00 price target on shares of Itron in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Stephens reissued an “overweight” rating and set a $130.00 target price on shares of Itron in a research note on Wednesday, May 20th. Roth Capital reissued a “buy” rating and set a $136.00 target price on shares of Itron in a research note on Wednesday, April 29th. Finally, Needham & Company LLC lifted their price target on Itron from $116.00 to $128.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Itron currently has a consensus rating of “Moderate Buy” and an average price target of $131.33.

Itron News Summary

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Wall Street remains broadly constructive on ITRI. Eight analysts rate the stock Buy, compared with four Holds and one Sell, with an average price target of $131.33—well above its recent trading level. Recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital reinforce the bullish outlook. Itron analyst ratings
• Positive Sentiment: Institutional ownership remains substantial at 96.19%. California State Teachers’ Retirement System sharply increased its position during the second quarter, while Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management also reported significant holdings or purchases. This institutional support may help underpin the stock. Itron institutional ownership
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data also shows an invalid percentage change, it offers little useful information about current bearish positioning or potential short-covering demand.
• Negative Sentiment: Several Itron executives recently sold shares, including CFO Joan S. Hooper’s sale of 4,406 shares on August 20 and an additional 455 shares on August 24. Multiple senior vice presidents and the chief accounting officer also sold smaller amounts. The filings state that the transactions covered tax-withholding obligations from vested equity awards, and the executives retained sizable positions, making the signal less concerning than open-market selling—but the cluster of sales could still pressure investor sentiment. Itron SEC insider-sale filing
• Negative Sentiment: The latest quarterly results showed strong EPS of $1.59 versus the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of estimates. That softer revenue trend remains a fundamental risk despite the company’s maintained 2026 earnings guidance.

Institutional Investors Weigh In On Itron

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake in Itron by 25.3% in the second quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after acquiring an additional 81 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Itron by 29.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares during the last quarter. Impact Partnership Wealth LLC raised its position in shares of Itron by 4.7% during the 1st quarter. Impact Partnership Wealth LLC now owns 2,661 shares of the scientific and technical instruments company’s stock valued at $239,000 after acquiring an additional 119 shares during the last quarter. Xponance LLC lifted its stake in shares of Itron by 3.2% in the 4th quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock valued at $360,000 after purchasing an additional 120 shares during the period. Finally, Maryland State Retirement & Pension System lifted its stake in shares of Itron by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 6,718 shares of the scientific and technical instruments company’s stock valued at $624,000 after purchasing an additional 146 shares during the period. Hedge funds and other institutional investors own 96.19% of the company’s stock.

About Itron

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.